Echostar Holdings (SATS) PT Raised to $155 at TD Cowen
TD Cowen analyst Gregory Williams raised the price target on Echostar Holdings (NASDAQ: SATS) to $155.00 (from $129.00) while maintaining a Buy rating.
The analyst commented: "We updated our SATS model to include 1Q26 results along with revised estimates. The company posted downside EBITDA but less bad when adjusting for the $125MM RSA Settlement payments. Nonetheless, the FCC approved SATS' spectrum sales the day after earnings as all eyes are on the SpaceX IPO and Echostar Capital to dictate the company's future. Do not expect a fulsome update until next earnings."